Nordstrom Plans Two New Rack Locations in North Carolina
The new stores will be located in Raleigh and Matthews. The 32,000-square-foot Raleigh store will be located in Triangle Town Place open in fall 2024, while the 25,000-square-foot Matthews store outside Charlotte is expected to open in spring 2025.
EY Survey: CEOs are Displaying Newfound Resilience and Confidence
Global CEOs are optimistic about their ability to drive revenue growth and profitability in 2024 despite global economic headwinds, according to the latest EY CEO Outlook Pulse survey.
Big Agnes Awards CDMC Sales Agency of the Year
Rob Cairns, Joni Collett and Drew Robinson received the credit for the award for “outstanding performance in the Western Canadian territory.”
66°North Appoints CCO; Hires North America and EMEA Sales Chiefs
Jeppe Møller will take on the role of chief commercial officer after consulting with the brand in 2023. Justin Warren has joined the team as sales director for North America and Mike Massoulier Eriksen has been appointed head of sales EMEA.
LS&Co. Extends Levi’s Stadium Naming Rights and 49ers Partnership
This extension will be among the largest in the NFL and secures LS&Co. with the naming rights for Levi’s Stadium through the 2043 NFL season.
New Era: Gass Takes Reins at Levi’s, Shifts Focus to DTC-First
Michelle Gass has assumed the role of president and CEO at Levi Strauss & Co. and added chief marketing officer Kenny Mitchell and newly promoted chief merchandising officer Dawn Vitale to the executive leadership team.
Gildan: The Saga Continues
The back and forth is nearly impossible to report on as each side lobs another boulder over the wall at their adversary only to have another come right back.
Gildan Shareholders Respond to Special Meeting Timing
Browning West, LP responded to Gildan’s announcement that its Board of Directors has “called” a so-called annual and special meeting of shareholders to be held on May 28, 2024, while also seeking to cancel the special meeting of shareholders.
Gildan Board Sets Meeting Date; Sets Plan for Cancellation Based on Court Case
The company’s Board called an annual and special meeting of shareholders to be held on May 28, 2024 in response to a shareholder requisition submitted by certain shareholders, but then filed an application in Quebec Court for declaratory judgment that would enable them to cancel the special meeting.
NSSF Concludes a Record SHOT Show
More than 55,400 industry professionals attended the four-day event with more than 2,600 companies exhibiting.
Beyond Yoga Sees Sales Growth Moderate in Fiscal Q4
Sales were up 14 percent for the fourth quarter and =19 percent for the full year, achieving revenues of over $115 million.
Insulated Jackets From KUIU for Brisk Winter Days
With much of the U.S. getting hit with frigid temperatures, KUIU introduced the brand’s latest down-insulated jackets for the cold/wet winter months ahead.
Fenix Outdoor International Appoints New CTO
The parent company of the Fjällräven, Royal Robbins, Hanwag, and Tierra brands promoted Head of Brands Business Tech and Deputy CTO Eefje Jacques to CTO, effective April 1. Current company CIO Jan Lindmark will retire on that date.
Sportsman’s Warehouse Adds Indie Board Director
Steve Becker is the new independent member of the company’s Board of Directors, effective immediately. He will serve as a member of the Board’s Nominating and Governance Committee.
REI Co-Op to Lay Off 357 Non-Store Staff; Forecasts Revenue Decline for 2024
The move sees 357 employees affected, “impacting 200 people at the headquarters, 6 in S&CS, 30 in Experiences, and 121 in our distribution centers,” according to the CEO’s letter obtained by SGB Executive. The senior leadership team will be pared down 22 percent in 2024.
